AmeriSave Mortgage Corporation Refinance
Explore a similar product
Try this top product in Mortgage Refinance.
| Community Rating | Strongly recommended |
| Loan Amount | $60,000 - $2,000,000 |
| Loan Term (Years) | 3 - 30 years |
| Number of Reviews | 42 |
AmeriSave Mortgage Corporation Refinance Review
AmeriSave Mortgage Corporation Refinance is offered by Amerisave Mortgage Corporation (NMLS #1168), a direct lender founded in 2002 and based in Atlanta, GA. AmeriSave Mortgage Corporation Refinance is available in 49 states (and Washington, DC).
Key Takeaways
- No origination fee. AmeriSave Mortgage Corporation Refinance does not charge a fee for processing your application on some loan options.
- 4 different mortgage programs offered. AmeriSave Mortgage Corporation Refinance refinances FHA, USDA, VA, jumbo, conforming, and conventional mortgages.
- Financing for single-family and multi-family properties. However, Amerisave Mortgage Corporation does not offer financing for manufactured homes.
- Non-standard interest rates available. AmeriSave Mortgage Corporation Refinance offers option ARM mortgages, adjustable-rate mortgages, hybrid mortgages, and fixed-rate mortgages.
- Considers personal use and investment properties. Refinancing available for primary homes, vacation homes, and even investment homes, such as rental properties.
- Cosigner and coborrower applications accepted. A cosigner or coborrower can help you qualify for better rates and terms when applying for AmeriSave Mortgage Corporation Refinance.
- Poor credit accepted. Even if you have bad or poor credit, you can apply. Borrowers with a credit score as low as 550 are considered.
- High maximum DTI ratio. AmeriSave Mortgage Corporation Refinance has a maximum debt-to-income ratio of 45%. This ratio includes all your monthly debts, not just your proposed mortgage payment. Typically, lenders have a maximum DTI of 43% or lower.
AmeriSave Mortgage Corporation Refinance Pros & Cons
| Pros | Cons |
|---|---|
|
|
AmeriSave Mortgage Corporation Refinance FAQ
What range of mortgage balances will Amerisave refinance refinance?
Mortgage refinancing loans start at $60,000 and go up to $2,000,000
What is the maximum loan term for a mortgage refinance via Amerisave refinance?
The term of a mortgage refinance will impact the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. AmeriSave Mortgage Corporation Refinance offers mortgage refinancing with terms ranging from 3 to 30 years.
How long does Amerisave refinance take to refinance?
Generally, it takes Amerisave refinance between 30 and 45 days to complete a refinance. Of course, this is just an estimate. The exact time will vary depending on the lender and the market.
Does Amerisave refinance charge a mortgage origination fee?
No, AmeriSave Mortgage Corporation Refinance does not charge a mortgage origination fee.
Some lenders charge an origination fee for processing, underwriting, and funding a mortgage. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.
Does Amerisave refinance charge prepayment fees?
No, AmeriSave Mortgage Corporation Refinance does not charge prepayment fees. This means you will not have to pay additional fees if you decide to repay the mortgage early.
What mortgage programs does Amerisave refinance offer?
AmeriSave Mortgage Corporation Refinance offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- Jumbo: Any mortgage with a loan amount above the conforming loan limits set by Fannie Mae and Freddie Mac. As of 2018, the jumbo threshold is $453,100 in most of the United States.
- USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does Amerisave refinance allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. AmeriSave Mortgage Corporation Refinance allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
Contact
- Headquarters
-
3525 Piedmont Rd NE, 8 Piedmont Center
Suite 600
Atlanta, GA 30305 USA - (866) 970-7283
- Visit Site
- Email Support
Other Services by Amerisave Mortgage Corporation
Availability
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- Washington, DC
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
AmeriSave Mortgage Corporation Refinance Community Reviews
Would you recommend AmeriSave Mortgage Corporation Refinance to your friends?
Other Mortgage Refinance
- 21st Mortgage Corporation Mortgage Refinance
- Advisors Mortgage Group Mortgage Refinance
- All Western Mortgage Refinance
- Angel Oak Home Loans Mortgage Refinance
- Banner Bank Mortgage Refinance
- CapCenter Mortgage Refinance
- Fairway Mortgage Refinance
- Guild Mortgage Refinance
- Reali Loans Mortgage Refinance
- Stearns Home Loans Mortgage Refinance
- Supreme Lending Mortgage Refinance
- Waterstone Mortgage Refinance
